Shipping

With the Chinese Golden Week holiday beginning next Wednesday, there was little surprise that spot rates on the main east-west ocean trades continued to

Crude from the US could become too expensive for Asian buyers due to higher tankers rates, which have been inflated by an increase in Chinese purchases and

The leasing subsidiaries of at least two large Chinese banks are in talks with the financial regulator about converting shipping leases into mortgages as a

The Grimaldi Group has welcomed the Grande Svezia into its fleet, marking the fourth “Ammonia Ready” vessel in the company’s expanding green

Nuclear energy has emerged as a legitimate, practical, and scalable solution for maritime applications, according to American Bureau of Shipping (ABS) Chairman

Global shipping companies are moving full steam ahead with commercial vessel orders from Chinese shipyards, despite the U.S. targeting those ships with port

Qingdao Beihai shipyard has ordered 10 Everllence B&W 7G80ME-LGIM engines for the construction of 10 Very Large Ore Carriers (VLOCs) with a capacity of

By Brendan Murray (Bloomberg) — The cost to ship goods in containers to northern Europe from China fell to the lowest level since Houthi attacks in the

(Bloomberg) — Two key oil ports on Russia’s Black Sea coast resumed loading of tankers overnight following Ukrainian aerial and marine drone attacks on

NYK has successfully completed its first-ever ship-to-ship (STS) transfer of liquefied ammonia, moving approximately 23,000 tons from the carrier Berlian

The maritime world marks World Maritime Day today, September 25, 2025, with the theme “Our Ocean, Our Obligation, Our Opportunity” — a call to

Global maritime shipping is sailing into troubled waters as seaborne trade growth is forecast to slow dramatically to just 0.5 percent in 2025, according to

A chief engineer has pleaded guilty to failing to report a hazardous condition aboard a vessel in Charleston, South Carolina, and subsequently obstructing a

LNG carrier shipowner CoolCo and EPS Ventures have announced advanced discussions for a potential acquisition that would see EPS purchase all outstanding

The looming revival of international sanctions on Iran is unlikely to curtail Tehran’s vital oil exports but could benefit Chinese refiners, offering

The container shipping industry is experiencing an unprecedented divergence in the market, with US-bound trade lanes suffering significant declines while

The Panama Canal is launching of a dedicated transit reservation system designed specifically for low-emission vessels. The “NetZero Slot”

Global growth is holding up better than expected, but the full brunt of the U.S. import tariff shock is still to be felt as AI investment props up U.S.

X-Press Feeders, the former operator of the containership X-Press Pearl that caught fire and sank off Sri Lanka’s coast in 2021, has announced it cannot

New research from UCL Energy Institute and Kuehne Climate Center (KCC) reveals that $48 billion invested in LNG carriers could be written off by 2035 as the